Deutsche Post AG
Deutsche Post DHL Group grows revenue, confirms earnings guidance for 2015 and 2016 (news with additional features)
(DGAP-Media / 12.05.2015 / 07:00)
Deutsche Post DHL Group grows revenue, confirms earnings guidance for 2015
and 2016
- Consolidated revenue up 8.8% to EUR 14.8 billion in first quarter;
organic increase of 2.1%
- Optimization and transformation programs impact operating profit;
consolidated EBIT of EUR 720 million near level of previous year
- Forecast for full-year 2015 unchanged: consolidated EBIT projected to
reach EUR 3.05 to 3.2 billion
- CEO Frank Appel: "A moderate start to the year, as we expected"
Bonn, 12 May 2015: Deutsche Post DHL Group, the world's leading mail and
logistics group, further increased revenue in the first quarter of 2015.
Revenue grew by 8.8% over the prior-year quarter to EUR 14.8 billion (2014:
EUR 13.6 billion). Adjusted for positive currency effects, revenue also
grew, with improvements in all four divisions contributing to an organic
increase of 2.1%. This development reflects sustained growth in revenues
and volumes in the international express business as well as in the German
parcel business. The Group's operating profit slightly decreased by 1.0% in
the first quarter to EUR 720 million, primarily due to the weak performance
registered by the Global Forwarding, Freight business and planned,
non-recurring restructuring costs in the Supply Chain division.
"We saw a moderate start to the year, as we expected," said Frank Appel,
CEO of Deutsche Post DHL Group. "Our strategy, aimed at growth in
e-commerce and the emerging markets, in particular, is progressing. At the
same time, as we transition from Strategy 2015 to our new Strategy 2020, we
are now consciously undertaking a number of specific measures. These
measures will allow us to build a strong base to bring our strategic
priorities forward. We are investing significantly to ensure that our four
divisions are optimally positioned, even though this is having a temporary
impact on our performance, as we previously discussed. Our overarching
focus today is on the sustainable, profitable growth of our business."
Outlook: Earnings forecast for 2015 and 2016 and long-term targets
confirmed
Although Deutsche Post DHL Group expects global growth to be moderate at
best in 2015 and continues to make substantial investments in its long-term
success, the Group has confirmed its targets. Operating profit is projected
consolidated EBIT of EUR 720 million near level of previous year
- Forecast for full-year 2015 unchanged: consolidated EBIT projected to
reach EUR 3.05 to 3.2 billion
- CEO Frank Appel: "A moderate start to the year, as we expected"
Bonn, 12 May 2015: Deutsche Post DHL Group, the world's leading mail and
logistics group, further increased revenue in the first quarter of 2015.
Revenue grew by 8.8% over the prior-year quarter to EUR 14.8 billion (2014:
EUR 13.6 billion). Adjusted for positive currency effects, revenue also
grew, with improvements in all four divisions contributing to an organic
increase of 2.1%. This development reflects sustained growth in revenues
and volumes in the international express business as well as in the German
parcel business. The Group's operating profit slightly decreased by 1.0% in
the first quarter to EUR 720 million, primarily due to the weak performance
registered by the Global Forwarding, Freight business and planned,
non-recurring restructuring costs in the Supply Chain division.
"We saw a moderate start to the year, as we expected," said Frank Appel,
CEO of Deutsche Post DHL Group. "Our strategy, aimed at growth in
e-commerce and the emerging markets, in particular, is progressing. At the
same time, as we transition from Strategy 2015 to our new Strategy 2020, we
are now consciously undertaking a number of specific measures. These
measures will allow us to build a strong base to bring our strategic
priorities forward. We are investing significantly to ensure that our four
divisions are optimally positioned, even though this is having a temporary
impact on our performance, as we previously discussed. Our overarching
focus today is on the sustainable, profitable growth of our business."
Outlook: Earnings forecast for 2015 and 2016 and long-term targets
confirmed
Although Deutsche Post DHL Group expects global growth to be moderate at
best in 2015 and continues to make substantial investments in its long-term
success, the Group has confirmed its targets. Operating profit is projected
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